Government to ask winning bidder in Naia redevelopment deal for upfront payment of P30B
The government will require the winning bidder for the multibillion-peso Ninoy Aquino International Airport (Naia) redevelopment deal to make an upfront payment — initially pegged at P30 billion. Department of Transportation (DOTr) Secretary Jaime Bautista said this premium payment, which is typical for public-private partnership (PPP) deals even during the…
Source: businessmirror.com.ph